The global trade landscape is undergoing significant adjustments, with Bitcoin's status as "digital gold" becoming prominent.
In March, the global market was shrouded in the haze of policy uncertainty, eager to find new support points. The reconstruction of valuations in the U.S. stock market accelerated, and the cryptocurrency market could hardly remain unaffected. With the introduction of new tariff policies on April 2, the global trade order is facing deep restructuring, forcing countries to urgently adjust their economic policies. In such moments, maintaining patience is particularly important. As the new order gradually establishes itself, market sentiment is expected to warm up accordingly.
The Trump administration adjusted its tariff policy multiple times in March and officially announced the implementation of the "comprehensive reciprocal tariff" policy on April 2. This policy imposes a minimum base tariff of 10% on all goods imported into the United States and levies additional taxes on about 60 countries with significant trade deficits. This move has triggered the most intense reshaping of the global trade order since World War II.
After the news was released, the market reacted strongly. U.S. stocks and the dollar moved in sync.